ETH/USDT – 1H – SELLThe combination Ethereum/Tether (ETH/USDT) jumps from the ascending trendline downwards
A bearish descent downwards to the next support at 3565.000000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 3694.060000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3886.440000000 |
| 2nd High | 3878.670000000 |
| Next High | 3694.060000000 |
| Current Price | 3571.660000000 |
| Next Low | 3565.000000000 |
| 2nd Low | 3502.850000000 |
| 3rd Low | 3477.580000000 |
3694.060000000 – 3878.670000000 – 3834.030000000 – 3565.000000000 – 3677.650000000 – 3716.040000000 — 40.69557756339 – 38.707399486532